📊 Things to watch for next week for $BTC
According to this weekly chart reading, Bitcoin could reach the $98,000 area, then enter a strong downward wave toward $63,000.
There are also other scenarios under monitoring, such as the price reaching 90,000$ or even 87,000$ before a potential sell-off wave toward 63,000$ begins.
📉 This outlook is based on a reading of the weekly chart, where indicators may show an overbought/oversold condition.
If BTC reaches the 63,000$ area, then stabilizes and starts to recover, it may later attempt to break above $100,000, and possibly a new rising phase could begin afterward if the breakout is confirmed, with higher levels that could theoretically reach $300,000+.
Many other coins are expected to be influenced by Bitcoin’s movement, such as $SOL and $ETH.
📌 Keep this post for future reference, and always do your own research (DYOR) before making any trading decision.
ETHUSDT: 2,680.82$ 📉 -2.07%
SOLUSDT: 119.31$ 📉 -2.07%
BTCUSDT: 84,555.7$ 📉 -1.83%
According to this weekly chart reading, Bitcoin could reach the $98,000 area, then enter a strong downward wave toward $63,000.
There are also other scenarios under monitoring, such as the price reaching 90,000$ or even 87,000$ before a potential sell-off wave toward 63,000$ begins.
📉 This outlook is based on a reading of the weekly chart, where indicators may show an overbought/oversold condition.
If BTC reaches the 63,000$ area, then stabilizes and starts to recover, it may later attempt to break above $100,000, and possibly a new rising phase could begin afterward if the breakout is confirmed, with higher levels that could theoretically reach $300,000+.
Many other coins are expected to be influenced by Bitcoin’s movement, such as $SOL and $ETH.
📌 Keep this post for future reference, and always do your own research (DYOR) before making any trading decision.
ETHUSDT: 2,680.82$ 📉 -2.07%
SOLUSDT: 119.31$ 📉 -2.07%
BTCUSDT: 84,555.7$ 📉 -1.83%
